GT TMGL LIMITED

🌳Matureactive
SC018135 · ltd · incorporated 1934-11-01
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: SIC 05102
Sector: Mining & quarrying
ALSO REGISTERED FOR
  • 41201Construction of commercial buildings
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 67/100. Biggest value-creation lever: Consolidate lender relationships. 55 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (38/100).

🏦

Refinance opportunity

97 live charges · 53 lenders · oldest 46.4y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 46.4 years old — likely at or near maturity.
  • · 53 lenders named — inter-creditor friction likely.
  • · Legal-friction score 55/100 (high).

Data confidence

Overall: medium (61/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
97 charges (97/97 with lender, 97/97 with type)
90
Directors & officers
52 officers (2 active, 52 linked, 46 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
461 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • 1 confirmation-statement
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (302 events)Click to expand
  1. 2026-02-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-04-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-04-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-04-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2025-04-01
    COOPER, Martin appointed
    director
  6. 2025-04-01
    COCKER, Neil David resigned
    director
  7. 2024-04-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2024-03-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-03-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-04-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2022-03-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2021-10-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2021-10-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2021-09-23
    HOCKING, Bill resigned
    director
  15. 2021-09-23
    JUBB, Ian Thomas resigned
    director
  16. 2021-05-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2021-02-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  18. 2020-03-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2019-10-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2019-07-31
    SALT, Nicholas James resigned
    director
  21. 2019-07-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2019-07-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2019-06-30
    COCKER, Neil David appointed
    director
  24. 2019-06-30
    COOPER, Martin resigned
    director
  25. 2017-09-04
    SALT, Nicholas James appointed
    director
  26. 2017-06-30
    COOPER, Martin appointed
    director
  27. 2017-06-30
    DE LA MOTTE, Tom resigned
    director
  28. 2017-06-30
    LE LORRAIN, Mike resigned
    director
  29. 2016-03-23
    🔓
    Charge satisfied #73
  30. 2016-03-22
    BAXTER, Mark appointed
    director
  31. 2016-03-22
    DUFFIELD, Sheelagh Jane resigned
    secretary
  32. 2016-03-22
    BORLAND, Donald William resigned
    director
  33. 2016-03-22
    CARRUTHERS, Michael Norman resigned
    director
  34. 2016-03-22
    DE LA MOTTE, Tom appointed
    director
  35. 2016-03-22
    HOCKING, Bill appointed
    director
  36. 2016-03-22
    JUBB, Ian Thomas appointed
    director
  37. 2016-03-22
    LE LORRAIN, Mike appointed
    director
  38. 2015-07-06
    🔓
    Charge satisfied #105
  39. 2015-07-06
    🔓
    Charge satisfied #104
  40. 2015-03-31
    MILLER, Keith Manson resigned
    director
  41. 2015-03-10
    CARRUTHERS, Michael Norman appointed
    director
  42. 2014-12-04
    HODSDEN, Richard David resigned
    director
  43. 2014-11-24
    BORLAND, Donald William appointed
    director
  44. 2014-07-16
    🔓
    Charge satisfied #119
  45. 2014-07-10
    🔓
    Charge satisfied #117
  46. 2014-07-10
    🔓
    Charge satisfied #116
  47. 2014-07-10
    🔓
    Charge satisfied #115
  48. 2014-07-10
    🔓
    Charge satisfied #114
  49. 2014-07-10
    🔓
    Charge satisfied #113
  50. 2014-07-10
    🔓
    Charge satisfied #112
Showing most recent 50 of 302 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

41/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Construction Holdco 1 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Construction Holdco 1 Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
GT TMGL LIMITED
This company · SC018135

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Construction Holdco 1 Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1934-11-01
Jurisdictionscotland
Primary SIC05102 — SIC 05102

Registered office

2nd Floor 2 Lochside View
Edinburgh
EH12 9DH
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-04-02
Last: 2026-03-19

Officers (2 active · 50 resigned)

BAXTER, Mark
director · ~54y · appointed 2016-03-22
View their other companies + combined net worth →
Active
COOPER, Martin
director · ~55y · appointed 2025-04-01
View their other companies + combined net worth →
Active
BRAND, William Joseph
secretary · resigned 1989-11-01
Resigned
DONALDSON, Euan James
secretary · appointed 1994-12-01 · resigned 2002-01-21
Resigned
DUFFIELD, Sheelagh Jane
secretary · appointed 2012-03-21 · resigned 2016-03-22
Resigned
LAWSON, Gordon Kenneth
secretary · appointed 1989-11-01 · resigned 1994-11-30
Resigned
MACKINNON, Iain Lachlan
secretary · appointed 2002-01-21 · resigned 2002-08-30
Resigned
SMYTH, Pamela June
secretary · appointed 2002-08-30 · resigned 2012-03-21
Resigned
BALFOUR, Hew Edward Ogilvy
director · ~74y · appointed 1996-03-01 · resigned 2004-06-30
Resigned
BALLARD, Michael George
director · ~92y · resigned 1992-07-31
Resigned
BARBER, Joe Millar
director · ~95y · resigned 1996-05-14
Resigned
BORLAND, Donald William
director · ~60y · appointed 2014-11-24 · resigned 2016-03-22
Resigned
BOWDLER, Timothy John
director · ~79y · appointed 2004-03-17 · resigned 2012-02-29
Resigned
BOWMAN, Philip
director · ~74y · appointed 2012-04-23 · resigned 2013-09-27
Resigned
BROWN, Mark Alistair Porterfield
director · ~49y · appointed 2012-02-29 · resigned 2013-04-29
Resigned
CARRUTHERS, Michael Norman
director · ~46y · appointed 2015-03-10 · resigned 2016-03-22
Resigned
CARRUTHERS, Michael Norman
director · ~46y · appointed 2013-05-14 · resigned 2013-09-27
Resigned
CAWTHRA, David Wilkinson
director · ~83y · appointed 1992-01-06 · resigned 1994-12-31
Resigned
CLARKE, Robert Anthony
director · ~83y · appointed 1991-07-08 · resigned 1999-11-30
Resigned
COCKER, Neil David
director · ~60y · appointed 2019-06-30 · resigned 2025-04-01
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

97
Total charges
3
Outstanding
3
Active lenders
Status:Lender:97 of 97 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC in Its Capacity as Security Agent (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01).
A registered charge1 property27/03/201416/07/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Trustee, Agent and Security Agent for Each of the Senior Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01).
A registered charge1 property09/12/201324/06/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Trustee, Agent and Security Agent for Each of the Senior Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
A registered charge3 properties18/06/201310/07/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC as Trustee, Agent and Security Agent for Each of the Senior Secured Parties (As Defined in the Instrument Evidencing the Charge Accompanying This Form MR01)
A registered charge1 property15/05/201310/07/2014
satisfied
The Scottish Ministers
A registered charge5 properties12/04/201310/07/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property26/03/201210/07/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property26/03/201210/07/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/03/201210/07/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/03/201210/07/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/03/201210/07/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/03/201210/07/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/03/201210/07/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property29/02/201210/07/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property29/02/201210/07/2014
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Debenture1 property29/02/201206/07/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property29/02/201206/07/2015
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Share pledge1 property29/02/201204/07/2014
satisfied
Alistair Scott Tinto and Others
Standard security1 property24/04/200710/07/2014
satisfied
The Scottish Ministers
Standard security1 property28/03/200710/07/2014
satisfied
The Scottish Ministers
Standard security1 property28/03/200710/07/2014
satisfied
Cala Management and Others
Cala Management Limited and Others
Standard security1 property28/03/200710/07/2014
satisfied
Greenbelt Group
Greenbelt Group Limited
Standard security1 property15/08/200520/12/2013
satisfied
County Durham and Darlington Acute Hospitals National Health Service Trust
Legal charge1 property23/07/200414/02/2006
satisfied
Lagta
Lagta Limited
Standard security1 property19/07/200419/02/2011
satisfied
William Smith and Others
Standard security1 property19/09/200310/07/2014
satisfied
David Wilson Homes
David Wilson Homes Limited
Legal charge1 property27/06/200314/03/2008
satisfied
Keyland Developments
Keyland Developments Limited
Legal charge1 property13/05/200323/09/2005
satisfied
The University Court of the University of Edinburgh
Standard security1 property02/04/200310/07/2014
satisfied
Amey
Amey PLC
Standard security1 property15/01/200305/02/2004
satisfied
Thomas John Carey
Legal charge1 property12/07/200216/09/2005
satisfied
The Secretary of State for Health
Legal charge1 property28/06/200216/09/2005
satisfied
The Secretary of State for Health
Legal charge1 property28/06/200216/09/2005
satisfied
The Governors of Solihull School
Charge (uplift charge)1 property12/02/200210/07/2014
outstanding
The Secretary of State for Defence
Clawback legal charge1 property28/01/2002
satisfied
Gordon James Paul and Others
Legal charge1 property28/09/200111/10/2003
satisfied
The University of Northumbria
Floating charge1 property28/08/200115/06/2004
satisfied
The University of Northumbria
Floating charge2 properties28/08/200120/12/2001
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Deed of assignment1 property31/07/200110/11/2001
satisfied
Webbir New Homes
Webbir New Homes Limited
Deed of mortgage1 property31/05/200130/07/2001
satisfied
Mosson Leisure
Mosson Leisure Limited
Standard security1 property18/04/200115/11/2005
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property19/03/200112/03/2008
satisfied
William Davis
William Davis Limited
Legal mortgage1 property08/03/200115/08/2003
satisfied
James Wilson & Isabella Keay Wilson
Standard security1 property08/03/200110/07/2014
satisfied
James Wilson and Isabella Keay Wilson
Standard security1 property08/03/200127/03/2009
satisfied
Barclays
Barclays Bank PLC
Standard security1 property13/02/200102/09/2005
satisfied
The Scottish Legal Life Trustee
The Scottish Legal Life Trustee Limited
Standard security1 property01/02/200123/03/2016
satisfied
The Council of the City of Newcastle upon Tyne
Legal charge1 property22/01/200122/07/2004
satisfied
Bryant Homes Scotland
Bryant Homes Scotland Limited
Standard security1 property19/12/200015/11/2005
satisfied
Heyshaw Investments
Heyshaw Investments Limited
Standard security1 property06/10/200015/11/2005
satisfied
The Governors of Solihull School
The Governors of Solihull School Incorporated
Uplift charge1 property08/09/200016/09/2005
satisfied
The Governors of Solihull School
The Governors of Solihull School Incorporated
Legal charge1 property08/09/200023/09/2005
satisfied
Westbury Homes (Holdings)
Westbury Homes (Holdings) Limited
Charge1 property08/09/200010/07/2014
satisfied
Barr Heritable
Barr Heritable Limited
Standard security1 property23/08/200015/11/2005
satisfied
Trustees of the Christine Frame Trust and the Robert Meiklem Frame Trust
Standard security1 property23/08/200008/08/2003
satisfied
Westbury Homes (Holdings)
Westbury Homes (Holdings) Limited
Standard security1 property19/06/200030/07/2002
satisfied
The Secretary of State for Health
Legal charge1 property26/04/200016/09/2005
satisfied
Anthony Gerard Hill / Lara Ann Ward and Other / Ann Lorraine Hill
Floating charge1 property13/04/200013/09/2001
satisfied
National Power
National Power PLC
Legal mortgage1 property03/02/200022/07/2004
satisfied
Allen Homes (Central Midlands)
Allen Homes (Central Midlands) Limited
Legal charge1 property03/12/199922/07/2004
outstanding
Riccarton Nurseries
Riccarton Nurseries Limited
Standard security1 property24/11/1999
satisfied
University of Newcastle upon Tyne
Legal charge1 property03/08/199913/07/2001
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property21/04/199925/06/1999
satisfied
Scottish Homes
Standard security1 property27/01/199915/11/2005
satisfied
Scottish Homes
Standard security1 property03/12/199829/11/2001
satisfied
The Governors of Moray House Institute of Education
Standard security1 property12/05/199820/05/2003
satisfied
Scottish Homes
Standard security1 property12/05/199727/04/1999
satisfied
Scottish Homes
Standard security1 property30/01/199715/11/2005
satisfied
Commision for the New Towns
Mortgage1 property27/01/199707/07/2012
satisfied
Scottish Homes
Standard security1 property20/01/199716/04/1999
satisfied
Scottish Homes
Standard security1 property09/12/199616/04/1999
satisfied
Scottish Homes
Standard security1 property04/07/199616/04/1999
satisfied
Scottish Homes
Standard security1 property15/02/199616/04/1999
satisfied
Scottish Homes
Standard security1 property29/11/199516/04/1999
satisfied
Scottish Homes
Standard security1 property24/10/199515/11/2005
satisfied
The Lothian Regional Council
Standard security1 property21/07/199516/04/1999
satisfied
Scottish Homes
Standard security1 property02/03/199516/04/1999
satisfied
Scottish Homes
Standard security1 property07/02/199516/04/1999
satisfied
Scottish Homes
Standard security1 property05/12/199420/03/1997
satisfied
Scottish Homes
Standard security1 property30/11/199416/04/1999
satisfied
The Lothian Regional Council
Standard security1 property12/04/199406/04/1995
satisfied
Scottish Homes
Standard security1 property12/04/199416/04/1999
satisfied
Scottish Development Agency
Standard security1 property10/10/198526/08/1988
satisfied
The Bank of Nova Scotia
Mortgage1 property07/06/198430/12/1985
satisfied
The Bank of Nova Scotia
Mortgage1 property23/04/198230/12/1985
satisfied
Grindlays Bank
Grindlays Bank LTD
Mortgage1 property04/12/198106/02/1989
satisfied
The Bank of Nova Scotia
Standard security1 property02/11/198115/05/1986
satisfied
Grindlays Bank
Grindlays Bank LTD
Mortgage1 property27/10/198106/02/1989
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property19/10/198117/01/1986
satisfied
The Bank of Novia Scotia
Mortgage1 property26/08/198106/02/1989
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property17/03/198130/04/1985
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property05/02/1981
satisfied
Grindlays Bank
Grindlays Bank LTD
Mortgage1 property29/09/198006/07/1982
satisfied
The First National Bank of Chicago
Standard security1 property23/09/198005/02/1985
satisfied
The First National Bank of Chicago
Standard security1 property09/09/198005/02/1985
satisfied
Grindlays Bank,
Grindlays Bank, Limited
Mortgage1 property18/04/198020/04/1982
satisfied
National Westminster Bank
National Westminster Bank PLC
Floating charge1 property19/11/197930/06/2000
satisfied
National Westminster Bank
National Westminster Bank Limited
Floating charge1 property19/11/197930/06/2000
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (461 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-30
accounts-with-accounts-type-dormant
accounts · AA
2026-02-24
termination-director-company-with-name-termination-date
officers · TM01
2025-04-02
appoint-person-director-company-with-name-date
officers · AP01
2025-04-02
accounts-with-accounts-type-dormant
accounts · AA
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-09
accounts-with-accounts-type-dormant
accounts · AA
2024-04-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-03
accounts-with-accounts-type-dormant
accounts · AA
2023-03-22
change-person-director-company-with-change-date
officers · CH01
2022-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-30
accounts-with-accounts-type-dormant
accounts · AA
2022-03-23
termination-director-company-with-name-termination-date
officers · TM01
2021-10-04